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English Release 3-March 2015
Date Month Year
  • President's Secretariat
  • Dr. Baburam Bhattarai, former PM of Nepal calls on the President
  • Election Commission
  • Election Commission launches National Electoral Roll Purification and Authentication Programme (NERPAP) from today
  • Min for Develop. of North-East Region
  • Government to promote Northeast Study Center in JNU
  • Min of Agriculture
  • GIS System for Fisheries Sector
  • Employment in Agriculture
  • Use of Modern Equipments in Fruits Production
  • Formation of Multi State Cooperative Societies
  • Min of Chemicals and Fertilizers
  • Revival of Pharmaceutical Units
  • Indigenous Manufacturers Allowed Production of Fortified/ Coated Urea
  • Scheme Approved for Setting UP of Plastic Parks
  • Min of Civil Aviation
  • Thirtyfive Non-metro Airports Identified for Development
  • DGCA Sets up Unit to monitor Airfare
  • Min of Consumer Affairs, Food & Public Distribution
  • Steps Taken by the Government to contain prices of Essential Food Items
  • The Government targets 300 LMT wheat procurement for ensuing Rabi season
  • Measures to ensure remunerative prices for farmers
  • More than 242 lakh Families having highly Subsidised Foodgrains under the Antyodaya Anna Yojana
  • End-to-End Computerisation of PDS as a Mission Mode Project
  • Adequate foodgrains in the Central pool to meet the domestic requirement
  • 100 Lakh MT wheat for Open Market Sale to contain prices
  • Min of Corporate Affairs
  • CSR Activities in Metropolitan Cities of Maharashtra Question
  • Registration of Shell Companies
  • Need of Trained Professionals for CSR Activities
  • Records of Companies Under CSR Category
  • Min of Defence
  • Intensifying Patrolling of Coastal Areas
  • Acquisitions of Submarines by Indian Navy
  • Quality of Products and Research made by DRDO
  • Appointment of Agents in Defence Deals
  • Participation of Finmeccanica in Defence Expo
  • Collision of Merchant Vessel with INS Cora
  • Restructure of BRO
  • Recruitment of Women in Armed Forces
  • Rehabilitation of Ex-Servicemen
  • Induction of LCA Tejas
  • Stress on Investment Route in Defence Cooperation Agreements
  • Condition of Border Roads at Indo-China Border
  • Poor Conditions of Border Roads in Himachal Pradesh
  • Defence Procurement Deals Under Investigation
  • Defence Organisation Under the Purview of RTI
  • Procurement of Stealth Fighter Aircraft
  • Min of Health and Family Welfare
  • Recruitment Rules of Unani and Ayurvedic Pharmacists in CGHS Dispensaries
  • Registration of Slaughter Houses with FSSAI
  • Revision of National Health Policy
  • Side-Effects of Harmful Radiation from Mobile Phones and Towers
  • Effective Implementation of PNDT Act
  • Diagnosing TB Under RNTCP
  • Compensation to Clinical Trial Volunteers
  • Formulary of Ayurvedic Medicines of CGHS
  • Strategy for Handling Genetically Transmitted Cancer Disease
  • Disposal and Recycling of Medical Wastes
  • Surrogacy Centres in the Country
  • Affordable Geriatric Healthcare
  • Avability of Oseltamivir to Treat Influenza a N1H1
  • Improvement of Service Conditions of Nurses
  • Min of Home Affairs
  • False Cases
  • Crime Against People from North-East
  • Security of People from NER
  • Terror Camps in Bangladesh
  • Forensic Labs
  • Smuggling of Animals
  • Women Police Stations
  • Min of Minority Affairs
  • Assistance to Women and Students of Minority Communities
  • Action Taken on The Report of Amitabh Kundu Committee
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 59.95 per bbl on 02.03.2015
  • Min of Shipping
  • Agreement Signed for Export of Automobile Units through Kamarajar Port
  • Nitin Gadkari Launches ‘Shipping Samvad’
  • Min of Social Justice & Empowerment
  • Meeting of the Working Group on the Asian and Pacific Decade of Persons with Disabilities concludes toda
  • Training to Professionals for Care of Older Persons
  • Fund Allocation for OBCs
  • Improving the Condition of Older/Aged Persons
  • Pradhan Mantri Adarsh Gram Yojana
  • Financial Assistance for Scheduled Castes
  • 2.68 Crore Persons with Disabilities as per Census 2011
  • Institution for Deaf Students
  • Min of Urban Development
  • Two engineers of CPWD dismissed from service for corruption
  • Min of Youth Affairs and Sports
  • Sports Coaching Institutes in Rural Area
  • Youth Exchange Programme
  • Programmes through Nehru Yuva Kendras
  • Special Awards to Medal Winner in Sports Events
  • Funds for Development of Youth
  • National Service Scheme
  • Irregularities in Sports Bodies
  • Functioning of RGNIYD

Previous Date

 
Ministry of Petroleum & Natural Gas16-November, 2012 15:52 IST
Under-Recovery on Diesel Effective 16.11.2012 remains high at Rs 9.06 Per litre
Under-recoveries for November on Domestic LPG Rs 478.50 per Cylinder and on PDS Kerosene Rs 31.30 per Litre
OMCs Incurring Daily Under-Recoveries of Rs 412 Crore
Daily Crude Oil Price for Indian Basket rises to US$ 107.91 per barrel on 15.11.2012

‘20’

 

The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas have reviewed international prices of crude oil and petroleum products during the Ist Fortnight of November 2012. Accordingly, the under-recovery on High Speed Diesel (HSD) applicable for 2nd fortnight of November effective 16.11.2012 though slightly lower, remains high at Rs 09.06/Litre. In case of PDS Kerosene and Domestic LPG the under-recoveries effective for November 2012 are Rs 31.30/Litre and Rs 478.50/cylinder respectively.

 

           Product-wise Under-recoveries of Public Sector Oil Marketing Companies (OMCs);

Product

Unit

Under-recoveries effective November 16,  2012

(Effective 01.11.2012 to 15.11.2012)

Diesel

Rs/Litre

         9.06           (9.84)             

PDS Kerosene*

Rs/Litre

        31.30          (31.30)   

Domestic LPG*

Rs/Cylinder

     478.50       (478.50)

*Additionally, a subsidy of Rs 0.82/Litre on PDS Kerosene and Rs 22.58/Cylinder on Domestic LPG is provided by the Government. The under-recoveries on these products are computed on monthly basis.

 

 OMCs are currently (effective 16 November 2012) incurring daily under-recovery of about Rs 412 crore on the sale of Diesel, PDS Kerosene and Domestic LPG.

 

Further, the OMC’s have reported the following under-recoveries during April-September 2012: 

Product

Under Recovery (Rs/Crore)

 

2012-13

(April-September  2012)

2011-12

2010-11

Diesel

52,711

81,192

34,706

PDS Kerosene

14,331

27,352

19,484

Domestic LPG

18,544

29,997

21,772

Petrol

--

--

2,227

Total

85,586

138,541

78,190

 

3. Details of average International FOB price and Exchange rates are:

Particulars

Unit

Price on last trading day i.e., 15 November, 2012 (Previous trading day of 14.11.2012)

Fortnight

November)01-15, 2012

(previous fortnight 16 - 31/10/ 2012)

Crude Oil (Indian Basket)

($/bbl)

              107.91        (106.75)

                  106.69   (109.01)        

(Rs /bbl)

            5930.73      (5863.78)

                5797.53 (5834.22)      

Exchange Rate

(Rs/$)

                54.96          (54.93)                 

                    54.34     (53.52)             

 

RCJ/RKS – Under-recovery 16-11-2012      


(Release ID :89072)

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